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AMAG Pharmaceuticals (AMAG) Marked As A Dead Cat Bounce Stock

Trade-Ideas LLC identified AMAG Pharmaceuticals ( AMAG) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified AMAG Pharmaceuticals as such a stock due to the following factors:

  • AMAG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $40.3 million.
  • AMAG has traded 63,504 shares today.
  • AMAG is up 3.1% today.
  • AMAG was down 8.6% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in AMAG with the Ticky from Trade-Ideas. See the FREE profile for AMAG NOW at Trade-Ideas More details on AMAG: AMAG Pharmaceuticals, Inc. operates as a specialty pharmaceutical company that focuses on maternal health, anemia, and cancer supportive care. AMAG has a PE ratio of 5. Currently there are 5 analysts that rate AMAG Pharmaceuticals a buy, no analysts rate it a sell, and 2 rate it a hold. The average volume for AMAG Pharmaceuticals has been 1.1 million shares per day over the past 30 days. AMAG has a market cap of $1.2 billion and is part of the...